tasty BITES - April 27, 2021 - Constructing A PMCO

published 2 weeks ago by tastytrade, Inc.

A Poor Man’s Covered Option (PMCO) is an alternative to a covered stock and requires less capital to construct. We can use Calls or Puts depending on our directional assumptions. Join Tom and Tony today as they explain how this trade can significantly reduce the BPR.

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